1495 Grass Valley Hwy Auburn, CA 95603
This exceptional 3.71-acre commercial land parcel presents a unique investment opportunity in Auburn, California. Located at 1495 Grass Valley Highway, this property boasts over 700 feet of road frontage and is zoned C-2, allowing for a wide range of commercial uses. The asking price is $2,908,000, translating to $18 per square foot. Utilities are conveniently located on-site. The property has never before been offered for sale, presenting a rare chance to acquire a significant piece of commercial real estate in a high-traffic area. With an average daily traffic count exceeding 38,000 vehicles and prominent monument signage potential, this location offers unparalleled visibility and accessibility. A current tenant occupies approximately half the land, providing immediate income potential for a buyer who chooses to maintain the existing lease. Alternatively, the entire 3.71 acres can be developed to suit a buyer's specific needs. Permitted uses, subject to Placer County planning approval, include but are not limited to self-storage facilities, rental yards, and car sales lots. The APN is 038-103-003. This is a remarkable opportunity to acquire a substantial commercial property with significant development potential in a thriving Placer County location. Don't miss this chance to secure a prime piece of Auburn real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.